Former Rinker CEO sells waterfront home in Fort Lauderdale for $7M

Property has 300 feet of water frontage

1601 Southeast 8th Street, Fort Lauderdale (VHT Virtuals 1 for ONE Sotheby's International Realty)
1601 Southeast 8th Street, Fort Lauderdale (VHT Virtuals 1 for ONE Sotheby's International Realty)

The former CEO of Rinker Group sold his waterfront Fort Lauderdale home for $6.8 million, The Real Deal has learned.

David V. Clarke sold the house at 1601 Southeast 8th Street to J. Frank Barefield Jr, according to a source familiar with the sale.

Barefield is the owner of Birmingham, Alabama-based real estate company Abbey Residential.

Clarke was formerly the CEO of building products company Rinker Group until CEMEX acquired it in 2007, according to the Sydney Morning Herald.

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Records show Clarke and his wife, Jeannie, purchased the home for $6.7 million in 2007. The house was first listed for $6.9 million in 2018. After price changes, it was most recently listed for $6.9 million again in May.

Jill Johns with One Sotheby’s International Realty represented the seller, and Jim Morlock of Fidelity Real Estate represented the buyer.

The six-bedroom, seven-bathroom home has a library, two living rooms and a pool. Built in 2002, the 6,826-square-foot waterfront house has 300 feet of water frontage with a concrete and floating deck, according to the listing.

This year in Fort Lauderdale, the owner of a real estate brokerage sold a waterfront spec home for $5.2 million, a hotelier sold a mansion for $23 million, and the founder of a real estate data firm bought a house for $5.3 million.